DeFipedia Blog

Our DeFi experts demystify and explain decentralized finance, how it works, and how to capitalize on its growth potential.

All General Discussions About Decentralized Finance DApps (Decentralized Applications)DEXs (Decentralized Exchanges)

Graphs on computer screen with city buildings in the background

June 6, 2022

Everything There Is to Know About Decentralized Stock Exchanges What Is a Decentralized Stock Exchange? A decentralized stock exchange or decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that facilitates direct trades between market participants. T

Upright Ethereum coin next to Bitcoins lying flat

June 2, 2022

Buying Crypto on a Decentralized Exchange Unlike centralized order book models, decentralized exchanges (DEXs) allow users to connect to the blockchain and trade cryptocurrencies directly. These exchanges work without a central authority and

Three Bitcoin on top of different dollar bills

May 30, 2022

DEX vs. CEX: Which Is Better? What is DEX, and How Does it Work? A decentralized exchange (DEX) is a peer-to-peer crypto marketplace where transactions occur directly between traders. The primary function of a DEX is to foster per

DEX written in white on a blue and black background with geometric shapes below

April 5, 2022

Pros and Cons of Decentralized Exchange (DEX)A DEX, or decentralized exchange, is a peer-to-peer marketplace where crypto traders can make transactions directly. For example, a decentralized platform fosters financial transactions unmanaged by b